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After announcing a spinoff a month ago that will result in some sort of dividend cut, many investors hate W.P. Carey right now and feel betrayed by the company. Admittedly, the timing of the spinoff announcement was pretty poor, and came right off the heels of this high-yield REIT actually announcing a dividend raise! In this video, we'll be talking about some of the updated news surrounding the W.P. Carey spinoff, and I'll tell you why I'm actually buying more in my dividend portfolio.
The ideas and opinions presented in this video are meant for informational and entertainment purposes only, are not intended to serve as a recommendation to buy or sell any security in any account, and are not an offer or sale of a security. They are also not research reports and are not intended to serve as the basis for any investment decision.tended to serve as a recommendation to buy or sell any security in any account, and are not an offer or sale of a security. They are also not research reports and are not intended to serve as the basis for any investment decision.
